Founder Control vs. Investor Protection: How to Strike the Balance Under the Turkish Commercial Code (TTK)? For foreign VCs investing in Turkish companies, the real negotiation is often about “Founder Control vs. Investor Protection: How to Strike the Balance Under the Turkish Commercial Code (TTK)?” In practice, the question is: how can founders keep enough […]
Introduction The reliability, transparency, and stability of the financial system are ensured not only by the activities of financial companies but also through their effective supervision. In Turkey, the primary authorities responsible for the oversight of financial companies are the Banking Regulation and Supervision Agency (BRSA) and the Capital Markets Board (CMB). While the BRSA […]